Trayport makes hosted clearing link available at SGX

18 April 2012 | 1878 views | 0Source: Trayport

Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide today announced that its Straight Through Processing (STP) Clearing Link supporting realtime STP for OTC cleared markets is now available at Singapore Exchange (SGX).

"True STP for OTC cleared products is an important part of our strategy. We are happy to provide traders and brokers with more choices in the way they connect to our clearing service," said Julie Heng, Head of Commodities, SGX.

Yvonne Twiss, Trayport's Vice President - Singapore, said "We are delighted to be connected to SGX for realtime STP clearing. Trayport is committed to providing easy access to CCPs for OTC Brokers and traders in the region and we believe this will further drive growth in several key regional markets including iron ore and energy."